SPJIMR witnesses record stipend offers as fall legacy placements conclude, details here

SP Jain Institute of Management and Research (SPJIMR), a constituent of Bharatiya Vidya Bhavan, has concluded its legacy fall placement cycle for the combined Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Business Management (PGDM(BM)) cohort 2025.

SPJIMR concluded its fall internship cycle for the combined 2025 cohort of the Postgraduate Diploma in Management (PGDM) and Postgraduate Diploma in Management (Business Management (PGDM(BM)), which saw record stipend offers. (Getty Images/iStockphoto)

A total of 341 students landed fall internships at leading companies, with an average stipend of 3,15,000.

In addition, a total of 390 offers were made by 75 companies, of which the FMCG sector dominated the placements, with 35 percent of participants placed in the sector.

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Next were consulting firms, where 21 percent of students were placed with offers that reached a record high of 310,000, which represents an increase of 3.5% compared to the previous year.

The top 50 percent of the group got an average offer of 4.17.000.

A press release issued by SPJIMR said recruiters from various sectors offered projects in corporate strategy, investment banking, private equity, product management, analytics, e-commerce, general management, corporate finance, corporate IT, healthcare, sales and marketing, branding, operations and supply chain roles.

Additionally, the number of Investment Banking/Private Equity and Product Management deals reached all-time highs, increasing by more than 110% and 400% respectively, compared to the previous year.

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Some of the prominent recruiters in these sectors include DC Advisory, Nomura, JM Financials, Edelweiss Alternatives, American Express, Intuit, Tata Digital and Samsung Research, the statement said.

Additionally, 22 first-time recruiters participated in the internship cycle this year, including National Infrastructure Investment Fund (NIIF), Info Edge, Motilal Oswal, HSBC, Kenvue, Lupin, Lenskart, Titan, Angel One Wealth, Henkel and Aequitas Investments.

Professor Varun Nagaraj, Dean, SPJIMR, expressed his gratitude to the students and industry partners for their continued support.

He said: “I encourage our students to make the most of their internships, taking advantage of this invaluable experience to grow both professionally and personally.”

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Professor Renuka Kamath, Associate Dean for Full-Time Programmes at SPJIMR, highlighted that the increased cohort size as well as support from industry partners demonstrated SPJIMR’s strong and steadfast relationships but also served as a testament to the significant contributions of graduates in developing the leadership pipeline within organisations.

Professor Ashita Aggarwal, PGDM and Chairperson of PGDM (BM), said it was heartening to witness the performance of students during the autumn recruitment process as they landed opportunities aligned with their skills and aspirations.

The last autumn internship cycle for PGDM and PGDM (BM) for the year 2024-2026 is scheduled for September 2024.

Highlights:

  • Record increases in job openings in Investment Banking/Private Equity and Product Management by over 110% and 400% respectively.
  • The top 20% of the group received an average stipend offer of 4.52.000.
  • The top 50% of the group received an average stipend offer of 4.17.000.
  • 35% of participants were placed in companies in the FMCG sector.

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